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| Bad Credit Home Mortgage Refinance |
Home Loan Refinancing Executive Offers Tips to Avoid Getting ...Miles Masters, Executive Vice President of Advantix Lending, Inc. offers his advice on KTLA-WB Morning News to people interested in refinancing a home loan, but struggling with a bad credit score. Irvine, CA (PRWEB) July 24, 2006 -- The last several years have seen interest rates hit all time lows and real estate values steadily soar. Consequently, the home loan refinancing market has seen plenty of action. Even though mortgage rates have started to rise again, low mortgage rates are still the motivating force that drives most homeowners with good credit to refinance their home loan. Purchasing Property With No Money Down: My Personal Experience ...Have you ever seen those infomercials about buying houses with No Money Down? They are really well done. They have all kinds of people offering great testimonials about how they have gotten rich, buying rental properties, with absolutely no money out of their pocket. You see this guy, standing on a street corner, talking to someone, and he says, I own that one, pointing to a beautiful colonial. I also own that one next to it, and the one two doors down, and Ill be closing on the one directly across the street from it, next week. He then assures us that he has purchased 17 homes in the last eight or ten months, with zero money down on the properties. Plus, in many cases hes also paid no closing costs. .Why the weak US housing market is bad news for sharesOn Wednesday the stock market in the US rallied because Ben Bernanke indicated that he might not push for higher interest rates. Two weeks ago the market rallied because of weak retail sales numbers (see What Japanese rate rises mean for the US economy.) This market is dangerous: investors are desperately searching for good news. .
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